Why Capitalism Is Leaving the US in Search of Profit
By Richard Wolff / CounterPunch Early U.S. capitalism was centered in New England. After some time, the pursuit of profit led many capitalists to leave that area and move production…
The Dynamics of War Insanity: NATO’s Ukraine Roulette
By Alfred de Zayas / CounterPunch Deliberate provocations of a nuclear rival, coups d’état, colour revolutions, broken promises, broken treaties, escalation of tensions, demonization, invective, double-standards — all this while…
The World Needs a New Development Theory That Does Not Trap the Poor in Poverty
By Vijay Prashad / Tricontinental: Institute for Social Research In June, the United Nations’ Sustainable Development Solutions Network published its Sustainable Development Report 2023, which tracks the progress of the…
From Affirmative Action To Reparations: Bridging Racial Economic Inequality
While our federal government backtracks, state and local lawmakers are increasingly taking action to repair racial divides through policies designed to address racial inequality.
‘Disgraceful’: GOP Advances Bill That Could Remove 220,000 Teachers From Classrooms
The nonprofit Committee for Education Funding noted that the Republican proposal would impact "virtually all" education programs, hitting teacher funding, student aid, and more.
A Good Year’s Pay for a Good Day’s Work?
By Sam Pizzigati / Inequality.org Can you imagine a president of the United States proposing a federal budget that quadruples the paychecks that go to top federal officials? Of course…
Ellen Brown: The Federal Debt Trap: Issues and Possible Solutions
By Ellen Brown / Original to ScheerPost “Rather than collecting taxes from the wealthy,” wrote the New York Times Editorial Board in a July 7 opinion piece, “the government is…
The Boldest Step to Close the Racial Wealth Divide in Generations
One state’s “Baby Bonds” program should be a model for the whole country.
Top US Companies Admit to Hiking Prices to Pad Their Profits: Analysis
"After an unprecedented 10 interest rate hikes in a row, it's clear the corporate profiteering epidemic will persist no matter how many times the Fed doubles down," said Liz Zelnick…
Failure of the US Monetary System and the Solution
By Richard C. Cook / Original to ScheerPost The debt-ceiling crisis that recently played out in Washington between budget-cutting Republicans and the further explosion of debt under the Biden administration…
Debt Ceiling Deal Puts No Limits on Ukraine Aid
Emergency spending that has been used to arm Ukraine is exempt and it could also be used to arm Taiwan
Ellen Brown: Another Look at the Financial Transactions Tax
By Ellen Brown / Original to ScheerPost A small financial transactions tax could correct a number of maladies in our economic system, from the federal debt crisis to the widening…
The China Dragon Roars Back Whether the US Likes It or Not
Professor Suisheng Zhao explains China through the lens of three of its most prominent leaders in the contemporary world.
The Human Consequences of Economic Sanctions: Event Summary
By Francisco R. Rodríguez and Mark Weisbrot / Center for Economic and Policy Research (CEPR) On May 19, 2023, the Center for Economic and Policy Research (CEPR) brought together leading…
Imperial Protectionism: US Foreign Policy for the Middle Class
By Binoy Kampmark / CounterPunch What does a “foreign policy for the middle class” of the United States entail? President Joe Biden’s national security adviser is rather vague about this.…